Examlex
A color-blind woman must have had a color-blind father.
Indifference Curve
Represents combinations of two goods that provide the same level of satisfaction to a consumer.
Indifference Curve
A graph showing different bundles of goods between which a consumer is indifferent, representing equal levels of utility or satisfaction.
Midterm Grade
An evaluative score or feedback given to students at the midpoint of an academic term, reflecting their performance thus far.
Monotonic Preferences
Preferences that are consistent in their direction; that is, if a consumer prefers bundle A to B, they will not prefer B to A under any circumstances.
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